
\begin{table}
\caption{Placebo Tests}
\begin{center}
\begin{tabular}{l c c}
\hline
 & b2010.2014 & b2014.2018 \\
\hline
2006 Election            & $0.587^{***}$   & $0.577^{***}$   \\
                         & $(0.004)$       & $(0.005)$       \\
2010 Election            & $-0.028^{***}$  & $-0.026^{***}$  \\
                         & $(0.002)$       & $(0.002)$       \\
2014 Election            & $-0.074^{***}$  & $-0.074^{***}$  \\
                         & $(0.002)$       & $(0.003)$       \\
2018 Election            &                 & $-0.129^{***}$  \\
                         &                 & $(0.003)$       \\
MCMV                     & $0.014^{*}$     & $0.062^{***}$   \\
                         & $(0.006)$       & $(0.011)$       \\
2010 Election times MCMV & $0.004^{\cdot}$ & $-0.016^{**}$   \\
                         & $(0.003)$       & $(0.005)$       \\
2014 Election times MCMV & $0.035^{***}$   & $0.004$         \\
                         & $(0.003)$       & $(0.007)$       \\
2018 Election times MCMV &                 & $0.016^{\cdot}$ \\
                         &                 & $(0.009)$       \\
\hline
R$^2$                    & $0.026$         & $0.082$         \\
Adj. R$^2$               & $0.025$         & $0.081$         \\
Num. obs.                & $11416$         & $6456$          \\
RMSE                     & $0.165$         & $0.178$         \\
N Clusters               & $3808$          & $1616$          \\
\hline
\multicolumn{3}{l}{\scriptsize{$^{***}p<0.001$; $^{**}p<0.01$; $^{*}p<0.05$; $^{\cdot}p<0.1$}}
\end{tabular}
\label{tab:did:bin:placebo2}
\end{center}
\end{table}
